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Comprehensive Analysis of the Local Media Space

Local Media Forecasts

BIA/Kelsey issues in-depth revenue forecast of the markets we analyze. Our forecasts draw from proprietary data; company, industry and country information in the public domain; and discussions with clients and non-clients about the direction and pace of development in the local media marketplace. Elements of this forecast are updated throughout the calendar year.

FORECAST PUBLICLY RELEASED FINDINGS
2012 U.S. Local Media Annual Forecast May 15, 2012
U.S. Social Media Ad Spending to Reach $9.8 Billion by 2016

March 20, 2012
U.S. Local Digital Ad Revenues Remain Strong, Bolstering Slower Growth Overall in Local Media Market

2011 U.S. Local Media Annual Forecast November 14, 2011
U.S. Social Local Advertising Revenues to Reach $2.3 Billion in 2015

November 7, 2011
U.S. Local Digital Advertising Revenues Continue Upward in 2011 Despite Slow-Growth Economy

August 30, 2011
Digital Advertising, Performance and Retention Solutions Will Be 70% of SMB Marketing Budgets by 2015

June 23, 2011
U.S. Mobile Local Ad Revenues to Grow From $404 Million in 2010 to $2.8 Billion in 2015

May 18, 2011
Local Search Advertising Revenues to Reach $8.2
Billion by 2015

May 2, 2011
Social Media Ad Spending to Reach $8.3 Billion in 2015

March 21, 2011 - BIA/Kelsey Forecasts U.S. Local Digital Ad Revenues to Nearly Double to $42.5B by 2015 from $21.7B in 2010

Investing In Television® Reports

(View publications)
May 1, 2012 - Local TV Revenues Down 7.8% in 2011; Presidential Election and Increase in Online Expected to Boost Numbers to $20.3 Billion This Year

April 29, 2011 - Local Television Revenues Rose 23.2% to $19.4 Billion in 2010, Driven by Political Campaigns and National Advertising

Dec. 20, 2011 - BIA/Kelsey Expects Local TV Ad Revenues to End the Year At $18.5 Billion, Up 17% From 2009; Forecasts Decline in 2011

Investing In Radio® Reports

(View publications)
April 10, 2012 - Radio Industry Revenues Flat in 2011, While Online Revenues Jump 15.1%

November 29, 2011 - BIA/Kelsey Revises Radio Industry Revenue Estimates for 2011 and 2012; Expects Increases of 3.5% for Over-the-Air and 15.1% for Online in 2012

Global Yellow Pages Forecast (2011-2015) Dec. 6, 2011 - BIA/Kelsey Estimates 2011 Global Yellow Pages Revenues at $23.4 Billion
Global Yellow Pages Forecast (2009-2014) Mid-year Update July 13, 2010 - Digital Offerings to Account for 39% of Global Yellow Pages Revenues by 2014
Global Yellow Pages, our periodic in-depth analysis and outlook of the worldwide directory publishing industry Sept 23, 2009 - BIA/Kelsey Releases Fifth Edition of Global Yellow Pages; Forecasts $29.1B in Directory Revenues Worldwide in 2013

Local Media Research

Media decision makers have relied on BIA/Kelsey research, the cornerstone of our company, for decades. We offer in-depth profiles of the constituent properties of multiple media sectors, on a company and market-by-market basis in both our MEDIA Access Pro™ data service and our Investing In financial publications.

We also deliver custom research for clients with specific research needs based on the comprehensive data we have collected on local media.

Also part of our publication offering is The Global Yellow Pages™, the directory industry's definitive source of information on the industry players and its executives. It is the essential planning tool for any company evaluating new markets, existing or potential competitors, key management, successful product/sales strategies and trends that are shaping the rapidly evolving directory business.

We provide comprehensive looks at nationwide and market-by-market trends for the 12 major advertising categories (Media Ad View: Scan Reports and Media Ad View: Category Reports.)

Ongoing Tracking Studies of Local Media and Advertiser Trends

BIA/Kelsey conducts regular studies of small and medium-sized businesses, advertisers and consumers. Whether you need benchmarking data or comparative metrics, look to BIA/Kelsey for important segmentation analysis to support business and sales-planning activities. BIA/Kelsey releases selected findings from its research studies to the public, and provides detailed reports, including analysis of key trends, to advisory services clients.

FORECAST PUBLICLY RELEASED FINDINGS
Local Commerce Monitor, our annual survey of small and medium-sized businesses, conducted with research partner ConStat, Inc. since 1999. Feb. 28, 2012 - Small Businesses Plan to Allocate One-Quarter (26%) of Ad Budgets to Digital Media Over Next 12 Months
LCM: SMB Plus Spenders, survey of SMBs that spend at least $25,000 annually on media advertising and promotion (an extension of BIA/Kelsey's ongoing Local Commerce Monitor study). Aug. 24, 2010 - Higher-Spending SMB Advertisers Use Diverse Media Mix, Employing More Than Six Different Media on Average
User View, our ongoing proprietary study of U.S. consumer use of traditional and online information sources for finding and locating local serving businesses, conducted with ConStat since 2003. March 10, 2010 - Nearly All Consumers (97%) Now Use Online Media to Shop Locally

 

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Local Media Annual Forecast (2010-2015) Fall Update
Nov. 7, 2011

The impact of the sluggish global economy on the local media marketplace is being somewhat offset by robust performance in the digital media sector, according to the fall update of BIA/Kelsey’s U.S. Local Media Annual Forecast (2010-2015). The local media research and advisory firm expects total local advertising revenues for 2011 to be $135.9 billion, down from the $136.2 billion it forecast earlier this year. Read press announcement. Read press announcement.

Forecast Quotes

“Our analysis indicates that as advertisers move to online, mobile and, particularly, the variants of social media, we are fast approaching a tipping point where digital media will soon become a dominant segment of the local advertising marketplace.” —Tom Buono, CEO, BIA/Kelsey

“To date, local targeting has not been widely adopted by SMBs or national brands. However, the paradigm is moving to performance, with Facebook and other networks focused on improving format, creative and targeting to boost rates and drive deeper ad engagement. We expect social local ad spend to steadily increase through 2015, especially as smaller businesses learn how to leverage targeting features to optimize results.” —Jed Williams, Analyst and Program Director, Social Local Media, BIA/Kelsey